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Taxassist Accountants Practice In Birmingham Worcestershire Borders For Sale

West Midlands, UK
Asking Price:
£125,000
Sales Revenue:
£107,000
Cash Flow:
Available on request

An opportunity has arisen to purchase one of our franchises based around the Birmingham and Worcestershire Borders area.

The franchisee started in 2009 and operates from a prominent shop front location and enjoys the lifestyle this business has brought them.

The business services around 182 clients and enjoys Gross Recurring Fees of circa £104K.

With the marketing power of a global brand and a proven lead generation service, this represents an excellent foundation upon which a new Franchisee with energy and drive can develop and grow this business. Within this large territory, the new owner can take full advantage of the opportunity to maximise the population of the territory by opening additional shops and satellite offices in nearby towns and surrounding areas.

The Franchisee is selling the business because he is wishing to retire.

The business is offered as a successful going concern within the TaxAssist Accountants network and the purchaser will become part of our network of accountancy practices.

Business Operation

Trading hours:

You should be prepared to work normal office hours (typically Monday to Friday inclusive, 9am to 5pm plus an occasional early evening or weekend appointment).

Employees:
Further details regarding employees will be provided once a signed Non-Disclosure agreement is returned.

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The term of the Franchise Agreement is five years, but this is renewable by you every five years for an administrative fee - assuming you have operated the franchise as set out in the Franchise Agreement including meeting your minimum targets.

In most cases, we anticipate franchisees will renew the Franchise Agreement to continue the franchise every five years until they dispose of it at some future date. We also now offer at our discretion a ten year plus Franchise Agreement.

Other Information

Support & training:

Full initial and ongoing training is provided by the TaxAssist Training Academy. The initial training course lasts for seven weeks and is included in the franchise fee as are four follow-up training courses that take place once you have been trading for three, six, twelve and twenty-four months.

Ongoing training covering a wide range of technical, management and bespoke courses are available to Franchisees and staff throughout the year and may be delivered either face to face, regionally or online.

Financing available:

TaxAssist Accountants has built excellent relationships with the major banks that have franchising departments in the UK. Once you have attended one of our Discovery Days you will have access to the main contacts that we work with.

Website:
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